Principle Wealth Partners LLC Acquires 6,631 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Principle Wealth Partners LLC raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 8.8% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 82,225 shares of the company’s stock after acquiring an additional 6,631 shares during the quarter. Principle Wealth Partners LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $4,106,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently bought and sold shares of the business. Transcend Capital Advisors LLC bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter worth $1,230,000. Consolidated Planning Corp bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter worth $890,000. Valmark Advisers Inc. bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter worth $221,000. Delta Investment Management LLC grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 681.5% during the 4th quarter. Delta Investment Management LLC now owns 387,305 shares of the company’s stock worth $19,338,000 after buying an additional 337,744 shares in the last quarter. Finally, Headlands Technologies LLC grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 1,026.9% during the 4th quarter. Headlands Technologies LLC now owns 2,761 shares of the company’s stock worth $138,000 after buying an additional 2,516 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 1.4 %

Shares of JEPQ traded up $0.72 during midday trading on Friday, reaching $52.66. 3,636,418 shares of the stock were exchanged, compared to its average volume of 2,738,557. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $44.62 and a 52 week high of $54.47. The company’s 50 day moving average is $53.14 and its two-hundred day moving average is $50.78. The company has a market capitalization of $12.09 billion, a P/E ratio of 33.29 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were paid a dividend of $0.4273 per share. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42. This represents a $5.13 dividend on an annualized basis and a dividend yield of 9.74%. The ex-dividend date was Monday, April 1st.

JPMorgan Nasdaq Equity Premium Income ETF Company Profile

The J.P. Morgan Nasdaq Equity Premium Income ETF (JEPQ) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed fund of US large-cap companies from the Nasdaq-100 Index, assessed and managed using ESG factors and a proprietary data science driven investment approach.